Growth fueled by ever rising population, demographics favoring work force eligibility for the last 50 years is coming to an end. For an optimistic outlook, McKinsey Global Institute is expecting productivity to be gained in emerging markets to be the source for the next 50 years. While GDP growth is expected to drop significantly in developed and emerging markets alike, reducing poverty in developing countries, and delivering social commitments in developed countries seem to be the biggest challenge to attain the productivity goals.
Contribution by Mustafa Cem ACIK, Dec 2011
Typically, in all intellectual arguments, both sides of the argument has a point and both sides genuinely believe that they are correct, and hence assume that the other side must be wrong. In my opinion this lies at the heart of every conflict on human history, including the ones that even continue today. Perhaps due to how our minds are wired, or perhaps due to our upbringing, but most likely due to both, we believe two apparently conflicting ideas can not be true at the same time.
Wise are welcomed to share wisdom in this blog.